Retail TouchPoints

JULY 10, 2024

As an online business, your sales numbers won’t matter if you can’t deliver your customers’ orders efficiently. There’s an inventory sweet spot you’re always looking to achieve — not overstocking, not understocking, and still managing to keep up with changing buyer demands. Learning to master your inventory management processes can net significant bottom-line results in your ecommerce business.

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Inventory Management Management Merchant Services Drop-Shipping 278

Inside Retail

JULY 10, 2024

JB Hi-Fi’s subsidiary The Good Guys is facing legal action from the Australian Competition and Consumer Commission (ACCC) for alleged deceptive misrepresentations around its ‘StoreCash’ promotions. The ACCC said that The Good Guys ran 116 promotions between July 2019 and August last year, offering consumers a store credit or StoreCash if they spent a certain amount on qualifying products in its online or physical stores.

Promotions 298

Promotions Consumer Location Marketing 298

Retail Wire

JULY 10, 2024

Due to its upcoming closure, The Mirage casino in Las Vegas has been mandated by Nevada regulations to distribute $1.6 million in unclaimed progressive jackpots before it closes.

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Inside Retail

JULY 10, 2024

Simon Griffiths is the CEO and co-founder of the pr o fit-for-purpose business Who Gives a Crap , which donates 50 per cent of profits to global hygiene projects to ensure everyone in the world has access to a toilet and sanitation. Philanthropy has always been in Griffiths’s DNA. Before Who Gives a Crap, hospitality was the training ground for his business brain.

Shipping 264

Shipping Consumer Marketing ATS 264

Advertiser: Experience Retail Today

I’m getting in touch with the news that fashion retailer, Gina Trictot, has achieved 98% inventory accuracy thanks to its partnership with SML RFID. Please see the full press release below, including exclusive quotes.

Fashion

Retail Wire

JULY 10, 2024

The Kroger-Albertson merger has not yet been finalized, but the list of stores planned to be divested has been revealed.

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Planning 299

Inside Retail

JULY 10, 2024

Much like the broader retail industry, The Reject Shop is facing inflationary pressures but it remains focused on its mission to provide value to its customers. “By shopping with us, customers save money,” Amy Eshuys, The Reject Shop’s chief operating officer, told Inside Retail. “We work hard to keep our overall costs of doing business low so we can maintain our price advantage versus other retailers,” said Eshuys.

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Supermarket Shopping Consumer Marketing 264

Inside Retail

JULY 10, 2024

Fujifilm Australia has relocated its first brand experience facility, Fujifilm House of Photography, to a larger location in the heart of Sydney’s CBD. First opened in 2022 , the facility is now located at 263 George Street and is the world’s third Fujifilm House of Photography, after Japan and London. The centre aspires to be “an interactive hub” that will inspire and motivate customers to experience everything Fujifilm has to offer, from photo shooting to photo producti

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Location Fashion Consumer ATS 257

Retail Wire

JULY 10, 2024

Krispy Kreme is celebrating its 87th anniversary by offering a dozen glazed doughnuts for just 87 cents on Friday, July 12.

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Inside Retail

JULY 10, 2024

Hollywood fashion and lifestyle brand Von Dutch has been sold to brand management firm WSG Brands and is set for further global expansion. Former owners Groupe Royer and its subsidiary Royer Brands International completed the transfer of ownership last month. Following the acquisition, Von Dutch will be headed by Jack Cheika and Marc Benitez, WSG’s CEO and COO.

Fashion 239

Fashion Brand Management Management ATS 239

Retail TouchPoints

JULY 10, 2024

Whether a retail location, office building, hotel or healthcare environment, designing to support client objectives requires bringing to bear as much relevant information as possible. At Dyer Brown our approach, regardless of typology, emphasizes pre-design investigation: combining market research and surveys with collaborative stakeholder visioning sessions produces critical data that will inform the design process.

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Point of Sale Location Consumer Customer Experience 261

Speaker: Jennifer Wright and Nick Barron

2025 is right around the corner, and with it comes a new wave of consumer expectations, competitive pressures, and operational challenges. Success lies in finding the balance between operational flexibility and creating experiences that keep customers coming back. The future of retail belongs to those who can stay ahead of shifting customer preferences and marketing trends. 🔮 In this session, we’ll dive deep into what it takes to keep customers engaged and your operations nimble, no matt

Customer Experience

Inside Retail

JULY 10, 2024

Angus McKay, 7-Eleven CEO since 2016, is moving into the automotive world as executive chair and CEO at Bapcor. Bapcor’s core business is the automotive aftermarket which includes ABS, Autobarn and Midas in its retail portfolio. The AFR reports the appointment comes hot on the heels of Bapcor’s knockback of an unsolicited all-cash $1.83 billion buyout from Bain Capital.

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Store Operations Management Consumer Marketing 237

Retail TouchPoints

JULY 10, 2024

Walmart will increase support for its grocery operations with enhancements to its perishable network, including five new high-tech perishable distribution centers (DCs), expansions to four traditional perishable DCs and a retrofit of the retailer’s Winter Haven, Fla. DC with the latest technology. One of the new DCs, in Shafter, Calif., has been operational since 2021, and the second, in Lancaster, Texas, is ramping up operations.

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Fulfillment Shipping Location Planning 270

Retail Wire

JULY 10, 2024

The Athletic Brewing Company is the largest non-alcoholic beer company in the United States.

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Retail TouchPoints

JULY 10, 2024

During the pandemic, Etsy ’s seller community nearly doubled , according to CEO Josh Silverman. But since that time, this marketplace for makers has faced increasing competition from other retailers, such as Amazon and Michaels , which have edged in on its “handmade” turf — while at the same time combating an influx of factory-made products from international sellers.

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Marketing Shopping Planning Consumer 259

Advertisement

With over 9 million sellers on Amazon, online marketplaces are more crowded than ever. Whether you’re looking to fine-tune prices in real-time or align strategies across channels, this guide provides the tools to understand how to maximize sales and secure a lasting competitive edge. Download now to transform your pricing strategy and drive holiday success.

Retail Wire

JULY 10, 2024

According to a recent Business Insider compilation of reports from nine retail chains, over 1,330 stores across the U.S. have either closed or are scheduled to close in 2024.

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Retail TouchPoints

JULY 10, 2024

Ikea stores, long known as warehouse-sized selling spaces scented with the wafting aroma of Swedish meatballs, have been shrinking and changing functions in recent months — including taking a bigger role in last mile fulfillment. While this shift has helped the retailer reduce lead times for greater efficiency, it also created a challenge for store designers: allocating space for fulfillment functions “without compromising on the exploration and the way we make products come to life,” said Sara

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Fulfillment Customer Experience Promotions Shopping 254

Retail Wire

JULY 10, 2024

The union disagrees with management over pay and working policies.

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Management 264

Retail TouchPoints

JULY 10, 2024

After hosting successful pop-up shops with apparel brands like Abercrombie and Anthropologie , Pinterest is digging into the culinary world by partnering with condiment and sauce brand Primal Kitchen. The companies are bringing the Colorful Kitchen Pop-Up to Chicago, Los Angeles and New York City to showcase Primal Kitchen’s best-selling products and highlight Pinterest’s highly curated food and kitchen trends.

Apparel 257

Apparel Consumer Location Marketing 257

Speaker: Igli Laci, Strategic Finance Leader

In today’s competitive market, pricing is more than just a number — it’s the cornerstone of profitability. The right pricing strategy ensures that you capture the true value of your offering, paving the way for sustainable growth and long-term success. Join Igli Laci, Strategic Finance Leader, in this exclusive session where he will explore how a well-crafted pricing approach balances customer perception with business objectives, creating a powerful tool for securing both competitive advantage a

Finance

Inside Retail

JULY 10, 2024

Baby & Kids is facing a legal action from the Fair Work Ombudsman (FWO) after allegedly failing to pay a former worker proper wages and entitlements. The FWO says the action was taken after it learned that Baby & Kids did not pay a worker – employed full-time in an e-commerce role from January to October 2022 – any wages for her final two weeks of work.

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Payment Services ATS 147

Retail Focus

JULY 10, 2024

HUSQVARNA unveils its updated global store design concept, to reflect the brand’s Nordic heritage. With flexibility and modularity as the guiding principles, Husqvarna has created a concept that caters to the needs and store space of each dealer, whilst enhancing the end-customer experience. The new store concept is available to dealers this season.

Customer Experience 130

Customer Experience Shopping Marketing Management 130

Inside Retail

JULY 10, 2024

The Australian Retailers Association (ARA) has voiced its concern after the NSW government decided to extend the Anzac Day trading ban starting next April, from 1pm to midnight. The ban will apply to retail traders such as supermarkets and fashion retailers, while small businesses, markets, cafes, chemists, newsagencies and takeaway restaurants are exempt.

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Supermarket Department Stores Fashion Location 147

Retail Focus

JULY 10, 2024

Today, technology is evolving at a rapid rate – so much so that, what was once an innovative idea of its own, live streaming for e-commerce is seeing a wave of fresh ideas. So, let’s take a look at some of the technology making for the next generation of live stream e-commerce. OCR Optical character recognition (OCR) uses a camera lens to capture an image, which is then transformed into a machine-readable format.

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Advertising Consumer Shopping ATS 130

Advertisement

In the B2B space, digital expectations are higher than ever. Consumer platforms have made online experiences incredibly user-friendly and efficient, adding pressure for businesses to follow suit to meet the expectations of the modern B2B buyer. Take inspiration from B2C commerce strategies and adapt them for B2B digital interactions. Learn to create engaging and well-crafted consumer shopping experiences with insights and tools from Orium’s report, A Blueprint to B2B Commerce.

Shopping

Inside Retail

JULY 10, 2024

Global shipments of personal computers rose by 3 per cent in the second quarter, helped by demand for AI-capable devices, with Apple seeing the biggest growth among PC makers, preliminary data from research firm IDC showed on Tuesday. PC shipments reached 64.9 million units in the three months ended June, marking a second straight quarter of growth after two years of decline, the report said.

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Marketing ATS 147

Retail Wire

JULY 10, 2024

Walmart faces a class-action lawsuit following a ruling by the 7th U.S. Circuit Court of Appeals in Chicago on July 3.

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Inside Retail

JULY 10, 2024

Online fast-fashion retailer Shein and US luxury label Monse have launched a new collection for the Shein X program, an initiative to support independent artists and designers. Established in 2015 by Laura Kim and Fernando Garcia – co-creative directors for Oscar de la Renta–Monse is known for its ‘deconstructed tailoring and asymmetry’ The collection includes styles from five independent designers – Oxana Goralczyk (France), Jade Breyon (USA), Mathilde Lhomme (France), Aliya Brown (

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Fast Fashion Fashion Accessories ATS 130

Retail Gazette

JULY 10, 2024

Co-op has become the first retailer in the UK to publish a socioeconomic pay gap report, putting a spotlight on the difference in pay between colleagues from different socioeconomic backgrounds. The convenience chain said the report will help inform its social mobility strategy and the actions it needs to close the pay gap. The business collected voluntary data from 48% of its 57,000 colleagues across the UK between April 2023 to April 2024 and found it has a mean pay gap of 5.2% between staff f

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Accounting ATS 130

Speaker: Shaunna Bruton, Danielle Wyllie, and Kailey Holmes

Say goodbye to one-size-fits-all retail, and say hello to experiences that keep your customers coming back for more! Customer loyalty isn’t just earned - it’s cultivated through meaningful engagement with the help of data. This webinar will take you behind the scenes of how top retailers turn customer data into personalized experiences that drive engagement and retention.

Shopping

Inside Retail

JULY 10, 2024

Finnegan Shepard is the unexpected brand founder who did. An academic turned entrepreneur, Shepard studied philosophy and literature at Sarah Lawrence College and the University of Cambridge before launching Both&, a brand that designs clothing for people who identify as transmasculine, nonbinary and gender non-conforming. Shepard was inspired to start the brand based on his own experiences searching for such products, and he knew other consumers were looking for the same thing.

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Apparel Consumer Fashion Department Stores 130

Intelligence Node

JULY 10, 2024

When you step into a retail store, you see a shelf decorated with beautiful products. When the products are strategically placed on a shelf, the shopper customer is automatically lured. The post Top 5 Strategies to Take Control of the Digital Shelf on Amazon appeared first on Blog.

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Retail Wire

JULY 10, 2024

Seven years ago in California, Uber and Lyft successfully opposed a proposal to mandate fingerprinting for ride-hailing app drivers. However, the recent introduction of Uber for Teens earlier this year has reignited this debate.

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Retail Gazette

JULY 10, 2024

Adidas could see its highest profit margin in three years thanks to the success of its Samba and Gazelle shoes and weaker sales at Nike. Rival sporting giant Nike forecast a decline in annual sales at the end of last month, ramping up investor concerns over it falling behind competitors, Reuters reported. While shares at the brand dropped up to 20%, Adidas shares held strong, indicating investors could see Nike’s decline as an opportunity for its rival.

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Sporting Goods Accounting Planning ATS 109

Speaker: Hilary Akhaabi, PhD - Founder, Chief Financial & Operations Officer at Go Africa Global

In the fast-paced world of corporate finance, staying ahead of the curve is crucial for sustainable growth and profitability. This exclusive webinar with leading expert Hilary Akhaabi, PhD, will teach you practical ways to navigate complex financial landscapes and enhance your company's revenue management capabilities. Whether you're aiming to refine your financial strategies or seeking innovative solutions to drive performance, this new session is for you!

Management